XAU/USD: Gold Glistens as FOMC Cuts Rates to Combat Coronavirus

3 March 2020 3 March 2020

BonTrade

Spot gold (XAU/USD) is skyrocketing on the back of an emergency FOMC interest rate cut, but can gold prices continue climbing amid Fed capitulation in response to the novel coronavirus outbreak?

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XAU/USD: Gold Glistens as FOMC Cuts Rates to Combat Coronavirus

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Dow Jones, Nasdaq 100, S&amp;P 500 Swing Wildly After Emergency Rate Cut

Dow plunges more than 700 points despite the Fed cutting rates

Dow Jones, Nasdaq 100, S&P 500 Swing Wildly After Emergency Rate Cut